Just barely edging AMZN for 2nd place in SKYY holdings, AKAM, like NFLX, has an impressive 2018 chart.
Unable to complete a gap fill of its December gap, AKAM has continued its journey higher, pressing to break to test its all-time-high (ATH) with higher lows. This is setup for a possible breakout higher, much like NFLX did last week.
This also has great support at its purple fib and the 8-EMA on the weekly (blue line). That is great location for long entry if you can get it before it breaks to a new ATH.
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